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Why Trustpower sold its retail business to Mercury

Trustpower's retail business was sold to Mercury NZ for $441 million.

Market close: NZ shares follow Wall Street drop after US rate hike fears

Mercury's deal to buy Trustpower's retail arm is the big news of the day.

High Court strikes out part of $278m claims against PwC

Judge says the claims can be regarded as 'frivolous, vexatious or an abuse of process'.

Pacific Edge shares climb on Kaiser addition

US healthcare giant takes up another PEB product.

Bubble trouble: Aussie 'predators' offer big dollars to lure Kiwi labour

Australian recruiters are offering big money to lure Kiwi workers across the ditch.

Air NZ's Greg Foran on when long-haul travel could resume

Where to next for airline, heavy losses continue and a sweetener for remaining staff.

Air NZ bonus good start says union; now how about the living wage?

Union says 35 crew got Covid-19, Air NZ says some pilots have spent 100 days in isolation.

Air NZ awards staff $1000 in shares, signals another $450m loss

Airline gearing up for international travel but new Dreamliners coming later.

Fears climate plan will hit the worse off hardest

Kiwis in poverty may bear the brunt of the Climate Commission's plan, some warn.

Mercury's earnings downgrade fails to jolt sharemarket

The New Zealand sharemarket continued to consolidate with its third successive rise.

Straker's plan for $25m war chest

Translation firm offers bullish guidance.

Mercury downgrades earnings forecast by $60m, share price drops

Mercury has downgraded its earnings forecast for the second time this year.

Market close: SkyCity falls 6pc on Austrac probe

SkyCity is under investigation for possible breaches of anti-money laundering rules.

Meridian's Aussie business under review

Assets include two windfarms and three hydro stations.

When market darlings turn to custard

If a2 Milk does reach former glories, it will be a long road back.

Meet the new face at the helm of Port of Tauranga

New CEO Leonard Sampson has a full agenda - just don't mention fishing.